ADNOC sold 1.41 billion shares in its maritime logistics unit at Dhs2.01 a share, valuing the company at $4.05bn
Listings in the Middle East have seen strong investor interest
The company set the final offer price at $26.6 a share, raising $710m after a book-building process for institutional investors
Share sales globally plummeted some 70 per cent from a year ago in the first half, to levels not seen in almost two decades
IPOs in the Middle East have fetched $11.4bn in the first five months of the year